The Day Ahead: AM Edition 2021-02-02

Bonds have broken the impulsive ideas up from the January 12th low but I can’t be bearish. Perhaps the late January high was...

Bonds have broken the impulsive ideas up from the January 12th low but I can’t be bearish. Perhaps the late January high was a low degree fourth and now in the late stages of the five now. I wouldn’t be shocked if we see a truncated fifth of the ending diagonal that completes (C) of [B]. Bond prices now trying to bounce from support brought over from th…